Weyerhaeuser Company (WY) Market Valuation Declined While Third Avenue Management LLC Trimmed Position

May 18, 2018 - By Eva Godbolt

Weyerhaeuser Company (NYSE:WY) LogoInvestors sentiment increased to 1.14 in 2017 Q4. Its up 0.04, from 1.1 in 2017Q3. It improved, as 34 investors sold WY shares while 268 reduced holdings. 71 funds opened positions while 272 raised stakes. 545.30 million shares or 1.12% less from 551.50 million shares in 2017Q3 were reported. Moreover, Somerset Grp Incorporated Limited Co has 2.33% invested in Weyerhaeuser Company (NYSE:WY). Moreover, Sigma Counselors Inc has 0.3% invested in Weyerhaeuser Company (NYSE:WY) for 62,066 shares. Ngam Advisors Ltd Partnership accumulated 75,083 shares or 0.03% of the stock. State Of Tennessee Treasury Department has 318,969 shares. Aqr Capital Management Limited Co owns 0.03% invested in Weyerhaeuser Company (NYSE:WY) for 717,472 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh reported 78,705 shares stake. The Minnesota-based Stonebridge Advsrs Ltd Liability Company has invested 0.1% in Weyerhaeuser Company (NYSE:WY). Evercore Wealth Mgmt Ltd Liability Com reported 1.76% in Weyerhaeuser Company (NYSE:WY). 11,062 were accumulated by Pitcairn Company. Thompson Siegel Walmsley Llc reported 0% of its portfolio in Weyerhaeuser Company (NYSE:WY). Bb&T Securities Limited Company reported 250,645 shares. Nuveen Asset Management Lc accumulated 19,230 shares. Burt Wealth Advsr owns 360 shares for 0.01% of their portfolio. Bridges Invest Counsel holds 0.15% in Weyerhaeuser Company (NYSE:WY) or 7,651 shares. Rafferty Asset Ltd Liability Com reported 163,081 shares or 0.1% of all its holdings.

Martin Whitman decreased its stake in Weyerhaeuser Company (WY) by 5.53% based on its latest 2017Q4 regulatory filing with the SEC. Third Avenue Management Llc sold 311,696 shares as the company’s stock declined 0.11% with the market. The hedge fund run by Martin Whitman held 5.32M shares of the real estate investment trusts company at the end of 2017Q4, valued at $187.73M, down from 5.64M at the end of the previous reported quarter. Third Avenue Management Llc who had been investing in Weyerhaeuser Company for a number of months, seems to be less bullish one the $27.47 billion market cap company. The stock increased 0.44% or $0.16 during the last trading session, reaching $36.29. About 3.00M shares traded. Weyerhaeuser Company (NYSE:WY) has risen 4.15% since May 18, 2017 and is uptrending. It has underperformed by 7.40% the S&P500.

Third Avenue Management Llc, which manages about $2.08 billion US Long portfolio, upped its stake in Forest City Enterprises Inc. Cl A by 828,259 shares to 5.69M shares, valued at $137.09M in 2017Q4, according to the filing. It also increased its holding in Myr Group Inc. (NASDAQ:MYRG) by 116,424 shares in the quarter, for a total of 246,824 shares, and has risen its stake in Legg Mason Inc. (NYSE:LM).

Analysts await Weyerhaeuser Company (NYSE:WY) to report earnings on July, 27. They expect $0.41 EPS, up 46.43 % or $0.13 from last year’s $0.28 per share. WY’s profit will be $310.38M for 22.13 P/E if the $0.41 EPS becomes a reality. After $0.36 actual EPS reported by Weyerhaeuser Company for the previous quarter, Wall Street now forecasts 13.89 % EPS growth.

Another recent and important Weyerhaeuser Company (NYSE:WY) news was published by Seekingalpha.com which published an article titled: “Money Does Grow On Trees With Weyerhaeuser” on April 27, 2018.

Weyerhaeuser Company (NYSE:WY) Ratings Coverage

Among 2 analysts covering Weyerhaeuser (NYSE:WY), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Weyerhaeuser had 2 analyst reports since January 24, 2018 according to SRatingsIntel. The stock of Weyerhaeuser Company (NYSE:WY) earned “Buy” rating by Bank of America on Wednesday, January 24. Citigroup maintained it with “Buy” rating and $42 target in Monday, April 30 report.

Weyerhaeuser Company (NYSE:WY) Institutional Positions Chart

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